redhots Posted September 8, 2014 Share Posted September 8, 2014 I couldn't resist. Link to comment Share on other sites More sharing options...
Liberty Posted September 8, 2014 Share Posted September 8, 2014 Well, after today's 66% rise, it must be overpriced, right? ;) :D Link to comment Share on other sites More sharing options...
oddballstocks Posted September 8, 2014 Share Posted September 8, 2014 I tried to get a quote on it via Fidelity, looks like shares aren't available for trading. Anyone able to trade this in the US? Link to comment Share on other sites More sharing options...
Liberty Posted September 8, 2014 Share Posted September 8, 2014 I tried to get a quote on it via Fidelity, looks like shares aren't available for trading. Anyone able to trade this in the US? They're on a weird exchange that isn't available at most brokers, or is of limited availability (ie. phone only). http://www.cnsx.ca/CNSX/Home.aspx http://www.cnsx.ca/CNSX/Investor-Info/How-to-Trade-Stocks-on-the-CSE.aspx https://en.wikipedia.org/wiki/Canadian_Securities_Exchange I wouldn't be surprised if a move to another exchange happened at some point... Link to comment Share on other sites More sharing options...
Parsad Posted September 8, 2014 Share Posted September 8, 2014 I tried to get a quote on it via Fidelity, looks like shares aren't available for trading. Anyone able to trade this in the US? They're on a weird exchange that isn't available at most brokers, or is of limited availability (ie. phone only). http://www.cnsx.ca/CNSX/Home.aspx http://www.cnsx.ca/CNSX/Investor-Info/How-to-Trade-Stocks-on-the-CSE.aspx https://en.wikipedia.org/wiki/Canadian_Securities_Exchange I wouldn't be surprised if a move to another exchange happened at some point... Yes, that is one of the goals coming up. Cheers! Link to comment Share on other sites More sharing options...
rkbabang Posted September 8, 2014 Share Posted September 8, 2014 I tried to get a quote on it via Fidelity, looks like shares aren't available for trading. Anyone able to trade this in the US? I tried to get a quote on Fidelity and PDH:CA doesn't work. ":CA" is what I usually put in for Canadian stocks. Link to comment Share on other sites More sharing options...
Redskin212 Posted September 8, 2014 Share Posted September 8, 2014 Try "PRDGF" on Fidelity. Link to comment Share on other sites More sharing options...
redhots Posted September 8, 2014 Author Share Posted September 8, 2014 I am excited to see how this gets cleaned up... Restoring cash flows, eliminating lots of Related Party Transactions, stopping the warrant, options, share creep... Link to comment Share on other sites More sharing options...
PatOfThePig Posted September 8, 2014 Share Posted September 8, 2014 Each time i try to go on the web site: www.premierdiagnostics.ca Avast tell me that something is wrong, a virus or a malware, i don't know. Maybe someone should look at this... Link to comment Share on other sites More sharing options...
Parsad Posted September 9, 2014 Share Posted September 9, 2014 Each time i try to go on the web site: www.premierdiagnostics.ca Avast tell me that something is wrong, a virus or a malware, i don't know. Maybe someone should look at this... Avast for some reason views the Chinese characters in sections of the site as malware. I've reported it, but they have not updated their false positive list. I'm in the process of revamping the technology side of the company, so upgrades and changes to the site, etc, will be happening. Currently, our Clinic Director looks after the site, so he may not be fully aware of how to get these things fixed. If you use any other anti-virus program, or non-PC operating systems, you probably won't get the false positive. I don't get it on my computers running Norton's or Microsoft Defender...I don't know of any problems with Apple or Android either. Cheers! Link to comment Share on other sites More sharing options...
kmukul Posted September 9, 2014 Share Posted September 9, 2014 Congratulations Prasad, Best wishes :) I am sure you will go very well and thanks for this wonderful board :) I am trying to understand what is going on here, Is PDH your investment vehicle going forward? I thought you were to have a bermuda vehicle also or is that a vehicle for reinsurance business, What about Russell Breweries? is that anywhere in the picture. Thanks everyone for your help Link to comment Share on other sites More sharing options...
Mephistopheles Posted September 10, 2014 Share Posted September 10, 2014 Glad it's shooting up, I can short at higher prices :P Link to comment Share on other sites More sharing options...
Otsog Posted September 10, 2014 Share Posted September 10, 2014 Private Placement @ $0.18 / share http://www.marketwired.com/press-release/premier-diagnostic-health-services-inc-announces-72m-private-placement-cnsx-pdh-1946156.htm Link to comment Share on other sites More sharing options...
wescobrk Posted September 11, 2014 Share Posted September 11, 2014 I'd love to be shareholders with Sanjeev but I don't understand how this company is worth $10 million as of today. The financials don't appear to support it. I'm sure it can grow into that market cap over time but I don't see how it is worth it today. I'll look to buy after a large drop. Good luck to the buyers at today's prices. Link to comment Share on other sites More sharing options...
Otsog Posted September 11, 2014 Share Posted September 11, 2014 I don't think we have the information to make a proper valuation with the current information, just off the current financials corporate expenses exceed revenue and key employees hadn't been paid in months. But for Sanjeev it sounds like this company was in a tailspin to 0. Nothing in the most recent financials will reflect the structural changes and controls that have been implemented. The pro forma statements will be a lot more informative. I think it is a pretty easy jockey bet for now especially with statements like The private placement will get you in at a set price...the same as us and all other existing shareholders. You can buy in the open market as well, but it is unlikely you will get this price, since we and other shareholders will probably buy any stock available at the private placement price. Link to comment Share on other sites More sharing options...
Parsad Posted September 11, 2014 Share Posted September 11, 2014 I'd love to be shareholders with Sanjeev but I don't understand how this company is worth $10 million as of today. The financials don't appear to support it. I'm sure it can grow into that market cap over time but I don't see how it is worth it today. I'll look to buy after a large drop. Good luck to the buyers at today's prices. You are looking at the financials as they stood when the company was headed for bankruptcy. That did not include the new board, me, Alnesh, our team of directors at Corner Market Capital, my ability to allocate the capital being raised, the deals we are working on, or the potential of our existing asset management business if wrapped into the company in the future. The biggest option that investors will have to make a decision on is what value do you price the new reinsurance business we will be participating in. How do you value the management team that is launching that business? Does historical performance mean future success? These are things I have no control of in the investor's decision making process, and you will all have to decide for yourself if the current price makes sense to you or not, based on the changes that are occurring. All I can say is that I will eat my own cooking as always and am in for the long-term! Cheers! Link to comment Share on other sites More sharing options...
ERICOPOLY Posted September 11, 2014 Share Posted September 11, 2014 I haven't been to China... but I expected there to be a lot of um... Chinese. The racial makeup of the staff on the front-page website's photos seems very different from what I'd otherwise expect to find in a Chinese clinic. Look at the photo of the People's #3 Army Hospital Beijing. Are those the real staff members in the photos? Link to comment Share on other sites More sharing options...
augustabound Posted September 11, 2014 Share Posted September 11, 2014 Look at the photo of the People's #3 Army Hospital Beijing. Are those the real staff members in the photos? I'd like to work with the blonde if possible. I'll forward my resume today. 8) But I think it's pretty typical to use promo photos in the med industry. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted September 11, 2014 Share Posted September 11, 2014 Look at the photo of the People's #3 Army Hospital Beijing. Are those the real staff members in the photos? I'd like to work with the blonde if possible. I'll forward my resume today. 8) But I think it's pretty typical to use promo photos in the med industry. They show you the blonde to get you in there. Here's the bait and switch: http://premierdiagnostics.ca/wp-content/uploads/2012/04/MRI-BJ-3.png I'll bet you feel all healed up now. No ethics in marketing. Link to comment Share on other sites More sharing options...
augustabound Posted September 11, 2014 Share Posted September 11, 2014 Look at the photo of the People's #3 Army Hospital Beijing. Are those the real staff members in the photos? I'd like to work with the blonde if possible. I'll forward my resume today. 8) But I think it's pretty typical to use promo photos in the med industry. They show you the blonde to get you in there. Here's the bait and switch: http://premierdiagnostics.ca/wp-content/uploads/2012/04/MRI-BJ-3.png I'll bet you feel all healed up now. No ethics in marketing. I promised myself I wouldn't click your link..............then I did. Maybe my girl is the one taking the picture? ;D Link to comment Share on other sites More sharing options...
ERICOPOLY Posted September 11, 2014 Share Posted September 11, 2014 Look at the photo of the People's #3 Army Hospital Beijing. Are those the real staff members in the photos? I'd like to work with the blonde if possible. I'll forward my resume today. 8) But I think it's pretty typical to use promo photos in the med industry. They show you the blonde to get you in there. Here's the bait and switch: http://premierdiagnostics.ca/wp-content/uploads/2012/04/MRI-BJ-3.png I'll bet you feel all healed up now. No ethics in marketing. I promised myself I wouldn't click your link..............then I did. Maybe my girl is the one taking the picture? ;D Well... go ahead and take the job and escalate the issue up the chain. Perhaps the CEO can acquire La Perla and cross-sell lingerie. There's always the holiday mixer and medical gowns have never been so comfortable. Link to comment Share on other sites More sharing options...
bizaro86 Posted September 11, 2014 Share Posted September 11, 2014 I'd love to be shareholders with Sanjeev but I don't understand how this company is worth $10 million as of today. The financials don't appear to support it. I'm sure it can grow into that market cap over time but I don't see how it is worth it today. I'll look to buy after a large drop. Good luck to the buyers at today's prices. I bought a starter position here, and hope to get more in the private placement. This isn't a value investment, it's a bet on a value investment manager. You're paying ~1.8X current business value, if you assume the current business isn't worth anything, but you're getting Parsad and his team, and their ability to raise money above the current value. That has a bit of a reflexivity to it, as if they raise more money at 1.8X current business value, that raises business value for current shareholders. Plus, you get their ability to leverage your money (via reinsurance) and invest it. I think it's pretty likely they'll be able to invest my money better than me over the long term, which is why I think it makes sense to buy now. Over very long periods you'll get approximately their ROE no matter what P/B you buy at. Link to comment Share on other sites More sharing options...
Yours Truly Posted September 11, 2014 Share Posted September 11, 2014 Anyone have an estimate as to when the PP will be closed and fully subscribed to? Link to comment Share on other sites More sharing options...
ECCO Posted September 11, 2014 Share Posted September 11, 2014 I have many questions that I expect to find the answers when I will get the document of the private placement. But one thing I dont understand, is why giving about 55% of the "new" cie to actual shareholder when the actual cie is losing money and was going bankrupt. Actual shareholders must wake up at night and wondering if its true or they are still dreaming, no? Could have not been less expensive to just start a new business and have it listed? Or buy an inactive mining cie and dilute to almost nothing actual shareholder? Link to comment Share on other sites More sharing options...
gary17 Posted September 11, 2014 Share Posted September 11, 2014 I was wondering if anyone has info on the performance of MPIC fund over the last 10 years ? I went to the Corner Market Capital site and can't seem to find any info.... Would be good to know ... Thanks! Link to comment Share on other sites More sharing options...
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